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renewable energy

Servotech and NSEFI Signs Contract to Install a Solar-Powered EV Charging Carport

To complete the development of a solar-powered, EV charger-enabled carport as part of a pilot demonstration, NSE-listed Servotech Power Systems Limited has struck an agreement with the National Solar Energy Federation of India (NSEFI), one of the leading solar bodies of India. With the aid of this pilot project, NSEFI has given Servotech a platform […]

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Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar

Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […]

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KREDL Floats Tender for 2 MW Solar Plant with 4.5 MW Storage System

Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) for the supply of a 2 MW (AC) Solar PV Power Plant (2.2 MWp DC) with 4.5 MWh Battery Energy Storage System having 12 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for […]

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MSEDCL Discovers Price of Rs 9.0/kWh in 250 MW Solar with Storage Tender

The 250 MW solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded Ayana Renewables Power Private Limited (ARPPL) and NTPC Renewable Energy as the winners. MSEDCL’s decided opening tariff was 9.65/kWh, while the awarded capacity tariff was 9.0/kWh. Ayana Renewables Power Private Ltd (ARPPL) and NTPC Renewable Energy, both […]

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NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets

State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL.  As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […]

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Costs Related to REC Certificates Hiked 2x to 10X By CERC

In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […]

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India’s Biggest Data Center Player NTT India to Power Data Centres with Solar Power

The NTT Group, the biggest data center player in India a global leader in offering people, customers, and communities technology and business solutions. The firm has said it will employ power from solar energy to maintain its environmental goals. The firm boasts of $108 billion in revenue and over 330,000 workers throughout more than 80 […]

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Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind

Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […]

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Abu Dhabi Exports Office to Finance Solar Facility in West Africa

Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu […]

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